economic contribution
2007 Economic Indicators
Since start-up in 1978, the Syncrude participants have made payments in excess of $9 billion to governments for royalties, payroll and municipal taxes, and other Crown charges. Royalties paid to the Province of Alberta by Syncrude’s Joint Venture participants over this period have amounted to about $5.2 billion. In 2007, total payments to governments were $1.6 billion, compared to $901 million in 2006.
Syncrude's Total Annual
Economic Contributions